Which act as an intermediary to link up the sources of ideas and the sources of fund?a.Venture capitalb.Leasingc.None of thesed.Merchant banking
Question
Which act as an intermediary to link up the sources of ideas and the sources of fund?a.Venture capitalb.Leasingc.None of thesed.Merchant banking
Solution
The correct answer is d. Merchant banking. Merchant banks act as an intermediary to link up the sources of ideas and the sources of funds. They provide advice to businesses on how to raise funds, manage assets, and facilitate mergers and acquisitions. They also help in the underwriting of shares and debentures of companies.
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